The Everest: Slot owned by Greg Ingham’s GPI Racing up for sale

One of the 12 The Everest slots is up for sale and can be purchased for the next three years.

Greg Ingham’s GPI Racing is offering his slot and the sale process is being managed by Inglis.

Inglis has called on “interested parties submitting bids during an expressions of interest period”, which is now open until 5pm on Thursday, April 15.

Classique Legend stormed to victory in the 2020 The Everest. Picture: Mark Evans/Getty ImagesSource:Getty Images

“The Everest is the most incredible concept and we are delighted to be a part of it,” Ingham said.

“Mr Bon Ho participated in the race in 2019 on the GPI slot with Classique Legend and while it didn’t work out on that occasion, it certainly whetted his appetite and he came back and won it in 2020, so we are excited by the prospect of another party taking up the use of our slot, possibly even for each of the next three years.

“The prizemoney pool was $15 million in 2020 and the race is only going to get better and better and with a bit of luck, it will be back to being a full house at Randwick for the 2021 edition later in the year.”

The successful purchaser of the slot will act as ‘Slot Licensee’ and hold all pre and post-race rights to the slot from the time of purchase until the end of the contracted period, whether that be one, two or three years.

Yes Yes Yes won The Everest in 2019. Picture: Mark Metcalfe/Getty ImagesSource:Getty Images

All expressions of interest are to be made in writing to Inglis’ General Manager of Bloodstock Sales and Marketing Sebastian Hutch at [email protected].

The Everest prizemoney will be $15 million in 2021 and has the potential to continue to rise, as has been the case over the past four years.

In the race’s short history, The Everest slots have been sold previously with great success.

Hong Kong businessman Bon Ho last year purchased the Australian Turf Club slot for three years and he won the race with his champion sprinter Classique Legend in 2020.

Ingham has sold his slot to Ho and Carmel Size in 2019 when Classique Legend was the unlucky runner behind Yes Yes Yes, while the ATC sold their slot that year to the Melbourne Racing Club, whose runner Trekking finished third.

Originally published asOwner puts prized slot in The Everest up for sale

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